Captive Videos
Accountable Care's Effect on Medical Professional Liability
Michael Maglaras, principal at Michael Maglaras & Company, discusses how accountable care is resulting in the marriage between claims activity and quality. Healthcare captives mine their claims data to instruct quality improvement and, most significantly, how this is key to managing reputational risk. Read More
Risk Management Made Profitable with a Captive Insurance Company
Jeremy Colombik, president of Management Services International, says that what makes risk management profitable comes down to understanding that whether a business purchases insurance or not, the risk remains. Businesses can make their commercial insurance policies more efficient with a high deductible policy that moves risk into a captive insurer. Read More
How Single-Parent Captives Can Benefit from Captive Risk Pooling
Many single-parent captives insure only the risks of just one or a few insureds and will be unable to achieve risk sharing. One solution involves joining a risk pool. The benefits of captive risk pooling are explained in this video by Martin Eveleigh from Risk Management Advisors. Read More
Common Myths about the Captive Insurance Industry
Jeremy Colombik, president of Management Services International, discusses common myths about the captive insurance industry: (1) all captives are tax shelters, (2) all captives are offshore, (3) captives do not provide additional coverages, (4) captives are not a good business decision, (5) only Fortune 500/1000 companies are good for captives. Read More
Is Captive Insurance Right for Your Business
Do the benefits of forming a captive insurance company exceed the costs? Jeremy Colombik, president of Management Services International, says this boils down to educating the client of all the benefits that a captive insurance company may offer. Read More